Investment Operations Associate (Hybrid - Birmingham, Alabama)

The work we do has an impact on millions of lives, and you can be a part of it.

We help protect our customers against life’s uncertainties. Regardless of where you work within the company, you’ll be helping provide protection and peace of mind when our customers need it most.

We help protect our customers against life’s uncertainties. Regardless of where you work within the company, you’ll be helping provide protection and peace of mind when our customers need it most.

The Investment Operations Associate II provides investments information services to support the Investment Management business at Protective Life. It is a collaborative position which includes interacting with both Operations and Strategy teams within the Middle Office.

Responsibilities

Trade Management

•Support for securities and derivatives data management operations. 

•Assist in the development, management, and maintenance of Investment related data used for internal management reporting including transactions, positions, performance, analytics, and limits.

•Perform regular deep dive data analysis to manage the accuracy, completeness, and timeliness of investments data.

•Improve the quality control of all reference and analytical investments data. Evolve the process and tools required for system monitoring, data quality, diagnostics, and data resolution for operations.

•Trade settlement, Custodian and Middle Office communication, Trade Monitoring. 

•KYC and AML knowledge, security regulations, compliance framework.

Reporting and Analysis 

•Responsible for securities and derivatives reporting and analysis operations.  These reports include a) Transactions, b) Positions, c) Performance Measurement & Attribution, d) Scenario Analysis/Stress Testing, e) Counterparty Margin/Collateral Liquidity & Credit Analysis, f) Limits & Compliance for internal and external constituents as well as the Board, Internal Audit and others needing investment information.

•Participate in periodic process gap analysis as part of continuous innovation, improving operational effectiveness and efficiency and strengthening underlying risk controls.  Adhere to change management standards to mitigate key person risk and other operational risks associated with change, lack of communication and transparency.

•Perform daily reconciliations and reporting across multiple platforms and product lines. 

Systems / Data Management

•Support the development of the Systems Management Framework:

•Serve as a liaison between Investments Front Office and IT organization to provide solutions to meet user needs

•Identify and propose technology enhancements needed to achieve objectives related to data management and reporting/analysis

•Support the development of new investment management derivatives & securities systems: learn functionalities, train end-users, and assist in coding to allow for customization of product to business needs

•Facilitate initiatives and lead projects involving use of technology to enhance business processes

•Perform Systems administration tasks to ensure system controls and segregation of duties controls

Other

•Participate in special projects/initiatives of Investments Operations on an as-needed basis.

•Participate in other departments or corporate-wide strategy (development/enhancement) initiatives as needed.   

• Bachelor’s degree in Business, Finance, Mathematics, or Accounting from an accredited college or university
• Strong analytical, qualitative, and problem-solving skills
• Intermediate to Advanced skills in Excel with knowledge of advanced concepts such as macros, pivot tables, filtering
• Highly accurate and detail oriented
• Ability to meet deadlines and adapt in a fast-paced environment
• Strong communication and collaboration skills
• Ability to simultaneously work in multiple areas of the Investments Operations Team
• Ability to think strategically – strong business skills
• Ability to simplify and translate complex concepts into simple terms
• Ability to work with cross functional teams
• Service-oriented and helpful, always seeking to learn to improve ways and supports continuous business process improvement initiatives

Employee Benefits:  

We aim to protect the wellbeing of our employees and their families with a broad benefits offering. In addition to offering comprehensive health, dental and vision insurance, we support emotional wellbeing through mental health benefits and an employee assistance program. Work/life balance is important and Protective offers a variety of paid time away benefits (e.g., paid time off, paid parental leave, short-term disability, and a cultural observance day). The financial health of our employees is just as important as physical and emotional health.  Some of the financial wellbeing benefits include contributions to healthcare accounts, a pension plan, and a 401(k) plan with Company matching. All employees are encouraged to protect their overall wellbeing by engaging in ProHealth Rewards, Protective’s platform to improve wellbeing while earning cash rewards.   

Eligibility for certain benefits may vary by position in accordance with the terms of the Company’s benefit plans.

Accommodations for Applicants with a Disability:

If you require an accommodation to complete the application and recruitment process due to a disability, please email [email protected]. This information will be held in confidence and used only to determine an appropriate accommodation for the application and recruitment process.

Please note that the above email is solely for individuals with disabilities requesting an accommodation.  General employment questions should not be sent through this process.

We are proud to be an equal opportunity employer committed to being inclusive and attracting, retaining, and growing an inclusive workforce.